XRP News Today: XRP Eyes $10 as SEC Legal Battle Ends and Bullish Momentum Builds

XRP is gaining renewed attention as bulls set their sights on a $10 price target, fueled by the prospect of regulatory clarity from the U.S. Securities and Exchange Commission (SEC). With Ripple and the SEC both dropping remaining appeals, the long-standing legal battle has officially reached a resolution, offering a potential catalyst for broader adoption and market sentiment. The recent settlement, which included a $50 million payment from Ripple, marks a turning point in the asset’s regulatory journey and has sparked optimism among investors [1].

Analysts suggest that a favorable reclassification of XRP—should it occur—could unlock significant institutional interest, particularly in cross-border payment use cases where XRP already plays a key role. This shift in regulatory status is seen as critical for long-term price appreciation, with some forecasts indicating that XRP could reach double-digit prices if the momentum continues [2].

Recent price movements have shown early signs of strength, with XRP trading in the $0.60–$0.70 range before surging to $3.33 following the settlement announcement [5]. On-chain activity also appears to support a potential breakout, with more than $1.35 billion in XRP volume recorded in a single day—a sign of increased market activity [1]. Some traders believe that a sustained move above $3.67 could signal a stronger bullish phase, setting the stage for a test of the $5 level [6].

Ripple’s broader ecosystem is also showing signs of growth, with its stablecoin RLUSD reaching a market cap of $577 million. This development, combined with the network’s utility in real-time gross settlement systems, highlights the project’s increasing institutional appeal [1]. If the SEC moves forward with a clear and favorable regulatory framework for digital assets—using XRP as a precedent—the entire crypto market could benefit from increased legitimacy and adoption [9].

However, projections toward $10 or higher remain speculative and subject to macroeconomic conditions and broader market sentiment. One analyst forecasts an average price of around $9.60, with a potential peak above $10 if bullish momentum continues [7]. These projections, however, should be treated with caution, as XRP’s valuation still faces challenges, including a market cap of $190 billion versus a TVL of just $85 million [4].

As the altcoin space sees renewed interest, emerging projects like MAGACOIN FINANCE are also drawing attention. With strong community growth and high-security ratings, the project is being compared to early-stage breakout successes. While it remains to be seen whether it can match the regulatory and institutional tailwinds currently available to XRP, its growing popularity reflects a broader shift in investor focus toward utility-driven and secure crypto projects [1].

The next few months will be critical in determining XRP’s path forward. If the SEC continues to provide clarity and Ripple’s ecosystem continues to expand, the road to $10—or beyond—could open sooner than many expect [6].

Source:

[1] [XRP Price Prediction: Can We See $10 in August?](https://coincentral.com/xrp-price-prediction-can-we-see-10-in-august/)

[2] [XRP to $20 by 2026? The Hidden Catalyst You Can't Ignore](https://www.interactivecrypto.com/xrp-to-20-by-2026-the-hidden-catalyst-you-cant-ignore)

[4] [Is $30 XRP price a real possibility for this bull cycle?](https://www.coinglass.com/ru/news/531992)

[5] [Top XRP News News Today | Binance Square](https://www.binance.com/en/square/news/xrp-news)

[6] [XRP rebounds from $2.80 — is the road to $5 finally wide open?](https://www.msn.com/en-in/money/markets/xrp-price-prediction-xrp-rebounds-from-2-80-is-the-road-to-5-finally-wide-open/ar-AA1JYtrw)

[7] [Major (MAJOR) price Prediction](https://www.bitget.com/price/major/price-prediction)

[9] [SEC to focus on 'clear' crypto regulations after Ripple case](https://www.coinglass.com/ru/news/531908)